Lebanese artist Carlo Kassabian poses with his art installation titled 'Menhara' (collapsed) reflecting on the devaluation of the Lebanese pound, at a club in Beirut. AFP
Lebanese artist Carlo Kassabian poses with his art installation titled 'Menhara' (collapsed) reflecting on the devaluation of the Lebanese pound, at a club in Beirut. AFP
Mock Lebanese pounds bearing only zero digits and reading 'Bank of Dreams' are on display at an art exhibition by Lebanese artist Carlo Kassabian, at a club in Beirut. AFP
Mock Lebanese pounds bearing only zero digits and reading 'Bank of Dreams' are on display at an art exhibition by Lebanese artist Carlo Kassabian, at a club in Beirut. AFP
A visitor takes picture of an art installation titled 'Menhara' (collapsed) by Lebanese artist Carlo Kassabian, who reflects on the devaluation of the Lebanese pound, at a club in Lebanon's capital Beirut. AFP
A visitor takes picture of an art installation titled 'Menhara' (collapsed) by Lebanese artist Carlo Kassabian, who reflects on the devaluation of the Lebanese pound, at a club in Lebanon's capital Beirut. AFP
Mock Lebanese banknotes bearing only zero digits and reading 'Bank of Dreams' at Carlo Kassabian's art exhibition that reflects on the currency devaluation, at a club in Beirut. AFP
Mock Lebanese banknotes bearing only zero digits and reading 'Bank of Dreams' at Carlo Kassabian's art exhibition that reflects on the currency devaluation, at a club in Beirut. AFP
People visit an art installation titled 'Menhara' (collapsed) by Lebanese artist Carlo Kassabian, who reflects on the devaluation of the Lebanese pound, at a club in Lebanon's capital Beirut. AFP
People visit an art installation titled 'Menhara' (collapsed) by Lebanese artist Carlo Kassabian, who reflects on the devaluation of the Lebanese pound, at a club in Lebanon's capital Beirut. AFP
A visitor takes picture of an art installation titled 'Menhara' (collapsed) by Lebanese artist Carlo Kassabian, who deals with the issue of devaluation of the Lebanese pound, at a club in Lebanon's capital Beirut. AFP
A visitor takes picture of an art installation titled 'Menhara' (collapsed) by Lebanese artist Carlo Kassabian, who deals with the issue of devaluation of the Lebanese pound, at a club in Lebanon's capital Beirut. AFP
Visitors at an art exhibition titled 'Menhara' (collapsed) by Lebanese artist Carlo Kassabian, who reflects on the devaluation of the Lebanese pound, at a club in Lebanon's capital Beirut. AFP
Visitors at an art exhibition titled 'Menhara' (collapsed) by Lebanese artist Carlo Kassabian, who reflects on the devaluation of the Lebanese pound, at a club in Lebanon's capital Beirut. AFP
A view of an art installation titled 'Menhara' (collapsed) by Lebanese artist Carlo Kassabian, at a club in Lebanon's capital Beirut. AFP
A view of an art installation titled 'Menhara' (collapsed) by Lebanese artist Carlo Kassabian, at a club in Lebanon's capital Beirut. AFP

MENA

Beirut art project hangs worthless banknotes to show devaluation of Lebanese pound - in pictures

Lebanese artist Carlo Kassabian experiments with notes in his 'Menhara' (collapsed) exhibition

The National

May 09, 2021

  • English
  • Arabic

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WHAT%20IS%20THE%20LICENSING%20PROCESS%20FOR%20VARA%3F
%3Cp%3EVara%20will%20cater%20to%20three%20categories%20of%20companies%20in%20Dubai%20(except%20the%20DIFC)%3A%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECategory%20A%3A%3C%2Fstrong%3E%20Minimum%20viable%20product%20(MVP)%20applicants%20that%20are%20currently%20in%20the%20process%20of%20securing%20an%20MVP%20licence%3A%20This%20is%20a%20three-stage%20process%20starting%20with%20%5B1%5D%20a%20provisional%20permit%2C%20graduating%20to%20%5B2%5D%20preparatory%20licence%20and%20concluding%20with%20%5B3%5D%20operational%20licence.%20Applicants%20that%20are%20already%20in%20the%20MVP%20process%20will%20be%20advised%20by%20Vara%20to%20either%20continue%20within%20the%20MVP%20framework%20or%20be%20transitioned%20to%20the%20full%20market%20product%20licensing%20process.%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECategory%20B%3A%3C%2Fstrong%3E%20Existing%20legacy%20virtual%20asset%20service%20providers%20prior%20to%20February%207%2C%202023%2C%20which%20are%20required%20to%20come%20under%20Vara%20supervision.%20All%20operating%20service%20proviers%20in%20Dubai%20(excluding%20the%20DIFC)%20fall%20under%20Vara%E2%80%99s%20supervision.%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECategory%20C%3A%3C%2Fstrong%3E%20New%20applicants%20seeking%20a%20Vara%20licence%20or%20existing%20applicants%20adding%20new%20activities.%20All%20applicants%20that%20do%20not%20fall%20under%20Category%20A%20or%20B%20can%20begin%20the%20application%20process%20through%20their%20current%20or%20prospective%20commercial%20licensor%20%E2%80%94%20the%20DET%20or%20Free%20Zone%20Authority%20%E2%80%94%20or%20directly%20through%20Vara%20in%20the%20instance%20that%20they%20have%20yet%20to%20determine%20the%20commercial%20operating%20zone%20in%20Dubai.%C2%A0%3C%2Fp%3E%0A

Ant-Man and the Wasp

Director: Peyton Reed

Starring: Paul Rudd, Evangeline Lilly, Michael Douglas

Three stars

Whiile you're here
World politics
Brief scores:

Toss: South Africa, chose to field

Pakistan: 177 & 294

South Africa: 431 & 43-1

Man of the Match: Faf du Plessis (South Africa)

Series: South Africa lead three-match series 2-0

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

On Women's Day
MATCH INFO

Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid
When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

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The 12 breakaway clubs

England

Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspur

Italy
AC Milan, Inter Milan, Juventus

Spain
Atletico Madrid, Barcelona, Real Madrid

The specs

Engine: Direct injection 4-cylinder 1.4-litre
Power: 150hp
Torque: 250Nm
Price: From Dh139,000
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On Women's Day
Cultural fiesta

What: The Al Burda Festival
When: November 14 (from 10am)
Where: Warehouse421,  Abu Dhabi
The Al Burda Festival is a celebration of Islamic art and culture, featuring talks, performances and exhibitions. Organised by the Ministry of Culture and Knowledge Development, this one-day event opens with a session on the future of Islamic art. With this in mind, it is followed by a number of workshops and “masterclass” sessions in everything from calligraphy and typography to geometry and the origins of Islamic design. There will also be discussions on subjects including ‘Who is the Audience for Islamic Art?’ and ‘New Markets for Islamic Design.’ A live performance from Kuwaiti guitarist Yousif Yaseen should be one of the highlights of the day. 

While you're here
While you're here
While you're here
More from Neighbourhood Watch:
How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
Lebanon